Answer:
Overhead allocated to Job XZ3275 $330.39
Explanation:
The computation of the overhead allocation is as follows;
But before that overhead rates is as follows
Activity rate = Estimated overhead cost ÷ Expected cost driver
Activity Cost pool Activity based overhead rate
Loading and unloading $1.02 per piece
($91,000 ÷ 89,500)
Travel $0.79 per mile
($457,000÷ 579,000 miles)
Logistics $26.69 per hour
($75,000 ÷ 2810 hours)
Now the overhead allocation is
Loading and unloading (150 pieces × $1.02 per piece) $152.51
Travel (200 miles × $0.79 per mile) $157.86
Logistics (0.75 hours × $26.69 per hour) $20.02
Overhead allocated to Job XZ3275 $330.39
On gifts 1 – 10, the gift giver receives a net gain from giving gifts. On gifts 11-20, the gift giver receives a net loss from giving gifts. It follows that
Answer:
Following are the solution to the given question:
Explanation:
Its information to respond to this query is not enough. A real income or losses shall get into relation to the gross income received by the donor by providing gifts 1 through 10 or net loss earned by the donor through gifts 11 to 20.
You just received an official job offer. Hurray! The offer states that the company will pay you $60,000 a year. As an exempt employee you understand that you will not be paid overtime even if you work more than 40 hours a week. This is an example of:_______
Answer:
Salary
Explanation:
A salary is an agreed and fixed amount that is paid to an employee that is usually paid at set intervals.
For example weekly, biweekly, and monthly.
Salary paid does not change with extra hours worked. However there may be a seperate compensation for added time worked.
Exempt employees are not entitled to payment for extra hours worked, and do not qualify for minimum wage.
In the given scenario where a fixed amount of $60,000 a year is paid to an exempt employee, it is an example of a salary.
What if, instead of making jet fighter experience a requirement to become an astronaut, NASA instead offered higher salaries to astronauts with jet fighter experience than to those who did not have jet fighter experience
Answer:
In this situation, most of the NASA workforce would still be composed of austronauts with jet fighter experience because they would be lured by the higher wages offered to them.
However, the difference would lie in that there would also be some austronauts without jet figther experience, who would still try to get into NASA, despite being offered lower wages.
This is a different situation to the current one, where jet fighter experience is an requirement to become a NASA austronaut, which means that those without this type of experience are barred from entering NASA, no matter how low of a wage they would be willing to take.
In response to a tax cut, the consumption of a consumer who is borrowing constrained _____, whereas the consumption of a forward-looking, unconstrained consumer acting in accord with Ricardian equivalence _____. Group of answer choices increases; increases increases; remains unchanged remains unchanged; remains unchanged remains unchanged; increases
Answer:
In response to a tax cut, the consumption of a consumer who is borrowing constrained INCREASES, whereas the consumption of a forward-looking, unconstrained consumer acting in accord with Ricardian equivalence REMAINS UNCHANGED.
Explanation:
The Ricardian Equivalence theory was one of the pillars of the classical monetary policy theory which was the most accepted macroeconomic theory until the Great Depression devastated the American Economy. Ricardian Equivalence stated that a decrease in taxes will not alter consumer spending nor aggregate demand because households will understand that the lower taxes imposed today must be paid tomorrow through higher taxes, so they would simply save more. Franklin Roosevelt replaced the classical monetary theory by the Keynesian theory and was able to pull the New Deal and finally got America out of the Great Depression.
Typically, the average tax rate for a person is ________ his or her marginal tax rate, because the marginal tax rate applies to ________.
Answer:
1. below;
2. the last dollars taxed but not to all income
Explanation:
Given that the average tax rate for individuals is the percentage of income that individuals pay in taxes. While the marginal tax rate applies to a certain part of taxable income, which is usually the last dollar of the income
Hence, Typically, the average tax rate for a person is BELOW his or her marginal tax rate, because the marginal tax rate applies to THE LAST DOLLARS TAXED BUT NOT TO ALL INCOME.
A small co ffee company roasts coff ee beans in its shop. The unroasted beans cost the com- pany 200 cents per pound. The MARGINAL cost of roasting coff ee beans is 150 - 10q + q^2 cents per pound when q pounds are roasted. The smell of roasting beans imposes costs on the company's neighbors. The total amount that neighbors would be willing to pay to have the shop stop roasting altogether is 5q^2; where q is the number of pounds being roasted. The company sells its output in a competitive market at 450 cents per pound. What is the socially efficient amount of co ffee for the company to roast?
Answer:
q = 10 pounds = socially efficient amount of coffee for the company to roast.
Explanation:
Data Given:
Cost of Unroasted beans = 200 cents/pound.
Marginal Cost of roasting coffee beans = [tex]q^{2}[/tex]-10[tex]q^{}[/tex] + 150
Cost neighbors willing to pay to stop shop operations = 5[tex]q^{2}[/tex]
Output selling price = 450 cents/pound
Required:
Amount of coffee to roast = ?
Solution:
As we know from the problem statement that it costs the company 200 cents/pound for the procurement of raw beans which are here termed as unroasted beans. Let's say it is the marginal cost of procuring.
Moreover, we know that marginal cost of roasted beans = [tex]q^{2}[/tex]-10[tex]q^{}[/tex] + 150.
which is in the form of quadratic equation and will be solved for q to know the required answer.
Let's suppose X = marginal cost of unroasted beans.
Y = marginal cost of roasted beans.
MPC = Marginal Private cost
In order to calculate the marginal private cost, we need to add X+Y.
MPC = 200 + [tex]q^{2}[/tex]-10[tex]q^{}[/tex] + 150
MPC = [tex]q^{2}[/tex]-10[tex]q^{}[/tex] + 350
Now,
The total social cost which the neighbors are willing to pay = 5[tex]q^{2}[/tex]
In order to calculate marginal social cost, we need to differentiate the above equation.
MSC = d/dq5[tex]q^{2}[/tex] = 10q
Finally,
Marginal Benefit = 450 cents/pound
For socially efficient amount = q =
MPC + MSC = Marginal Benefit
[tex]q^{2}[/tex]-10[tex]q^{}[/tex] + 350 + 10[tex]q^{}[/tex] = 450
[tex]q^{2}[/tex]-10[tex]q^{}[/tex] + 10[tex]q^{}[/tex] = 450-350
Solving for q,
[tex]q^{2}[/tex] = 100
taking square root on both sides,
q = +/-10.
Hence,
q = 10 pounds = socially efficient amount of coffee for the company to roast.
Why have labot and management tended to treat each other as adversaries in the U,S. labor relations system?
Answer: Due to their origin and different mission
Explanation:
Labour and management in the state are of two different groups, they tend to treat each other how they do due to their origins and different missions. Labour sees their mission gaining better benefits and value for their members regardless of how the company they are in performs
One of the differences between supermarkets and supercenters is that ______________________________. supercenters always require memberships supermarkets only use destination locations only supermarkets sell food supercenters offer more assortment depth supercenters have a wider assortment
Answer:
supercenters have a wider assortment of product
Explanation:
The supercenter is also known as the hypermarket. Supercenters are big stores that are a combination of a supermarket and a departmental store. While supermarkets are large, the supercenter is really massive. The supercenters typically look like warehouses. An example of such is the Walmart supercenter.
The answer to this question is that supercenters have a wider assortment of product.
Which of the following are necessary for markets to lead to a socially optimal level and distribution of output.
Choose all that apply.a. Perfectly competitive marketsb. Market prices that incorporate externalities.c. Technological progress.d. No non-market output; all output is sold through markets.e. No transactions costs.f. No inheritance of wealth.
Answer:
a. Perfectly competitive marketsb. Market prices that incorporate externalities.d. No non-market output; all output is sold through markets.f. No inheritance of wealth.Explanation:
In order for a socially optimal level and distribution of output to be reached, certain things are necessary such as perfectly competitive markets as this will ensure that resources are being used most efficiently.
Market prices should incorporate externalities which means that they will be charged at a socially optimal level and all output should be sold through the markets. There must also be no inheritance of wealth as the distribution of output will be inefficient should this be the case.
Sheridan Company produces flash drives for computers, which it sells for $12 each. Each flash drive costs $9 of variable costs to make. During April, 1000 drives were sold. Fixed costs for April were $1000. How much is the contribution margin ratio
Answer:
12%
Explanation:
Contribution margin ratio is calculated as
= Contribution margin / Sales
Sales [ $12 each × 1,000 drives sold] $12,000
Less Variable costs [$9 each x 1,000 drives sold]
($9,000)
Contribution margin
$3,000
Less Fixed costs
($1,000)
Operating profit
$1,000
Recall that contribution margin ratio
= [ Contribution margin / Sales] × 100
= [ $3,000 / $12,000 ] × 100
= 12%
Therefore, contribution margin ratio is 12%
Suppose an American investor buys a share of a UK stock priced at 10 and sells the stock one year later at 11 after collecting a 1 dividend per share (pays at YE). Suppose his spot rates at purchase and sold are:
$1.50= 1 and $1.45= 1 respectively.
Calculate his USD pretax return, enter percentage round to 2 decimal places.
Answer:
16%
Explanation:
Amount invested = 10 pound
Spot Rate at investment = 1 Pound = $1.50
Dollar Investment = 10*1.50 = $15
Total Gain = Dividend + Capital Gain
Total Gain = 1 + (11-10)
Total Gain = 2 Pound
Total Return value = 10 + 2
Total Return value = 12 pound
Return in $ = 12 Pound at 1.45
Return in $ = $17.40
Pretax Return = $17.40 - $15
Pretax Return = $2.40
% Return = Net Return / Investment
% Return = 2.40 / 15
% Return = 0.16
% Return = 16%
Harvey and Quick have decided to form a partnership. Harvey is going to contribute a depreciable asset to the partnership as his equity contribution to the partnership. The following information regarding the asset to be contributed by Harvey is available:
Historical cost of the asset $76,000
Accumulated depreciation on the asset $40,000
Note payable secured by the asset $18,000
Agreed upon market value of the asset
will be assumed by the partnership $45,000
Based on this information. Harvey's beginning equity balance in the partnership will be:______.
a. $76,000.
b. $36,000.
c. $18,000.
d. $27,000.
e. $45,000.
Answer:
d. $27,000.
Explanation:
In the context, it is given that Harley and Quick wants to form a partnership. For this, Harley contributes his depreciable asset as an equity contribution in the partnership.
The amount of market value of the asset that would be assumed by this partnership is = $45,000
The amount of note payable that is secured by the asset or the debt assumed = $18,000
Therefore, the equity balance in the partnership = market value of asset - the debt assumed by the partnership
= 45,000 - 18, 000
= 27,000
Hence, the equity balance is $ 27,000 in the partnership.
What are the global implications for the product or service you are marketing? What are the global implications of your marketing strategy and recommendations? “Rockstar video games”
Answer:
The global implications for the product or service you are marketing is explained below in complete details.
Explanation:
The principal involvement of a marketing maneuvering is the familiarization approaching gathering customer requirements that appears in enhanced customer fulfillment and satisfaction. ... Such a marketing maneuvering is intended to achieve and to grow new customers as you develop a more agreeable character.
Indicate how each of the following transactions affects US exports, imports, and net exports. Effect OnTransaction U.S. Exports U.S. Imports U.S. Net ExportsA British scholar spends a year at Harvard University as a visiting scholar. Your parents go on a trip to Japan in late March for the Cherry Blossom season. A Canadian buys a new Ford. The student bookstore at Yale University sells books published by Cambridge University Press. A European family goes to Disney World in Florida for vacation.a. increase b. decreasec. unchanged
Answer:
Transactions Exports Imports Net Export
A British scholar spends a year at Increase Unchanged Increase
Harvard University as a visiting
scholar.
Your parents go on a trip to Japan Unchanged Increase Decrease
in late March for the Cherry
Blossom season.
A Canadian buys a new Ford. Increase Unchanged Increase
The student bookstore at Yale Unchanged Increase Decrease
University sells books published
by Cambridge University Press.
A European family goes to Disney Increase Unchanged Increase
World in Florida for vacation
Note:
The export means selling of domestic goods and services into foreign nation.
The import means domestic purchases of goods and services from foreign nation.
Net export means the difference between the total export and total import of a nation.
Import and export and net export affect US transactions as the net exports of a country determine its balance of trade, which is influenced by all factors that affect international trade.
What are import and export transcations?
When the sales of goods are sent or received from the home country to another country or from another country to the home country it is known as a transaction.
Many different formalities need to be done before importing or exporting goods and services.
Thus, import and export transaction helps the country
Learn more about these transactions here:
https://brainly.com/question/20377911
a person sold a house for Tzs 475 and incurred a loss of 5%.at what price would it been sold so as to earn a profit of 8%
Answer:
Tzs 540
Explanation:
The selling of Tzs 475 results in a 5% loss.
It means Tzs 475 represents 95% of the cost price.
The cost price is equal to 100%.
If 95% = Tzs 475, 100 % = ?
=Tzs475/95 x 100
=Tzs 5 x 100
The cost price =Tzs500
To make 8% profits, the selling price will have to be
=Tzs 500 +( 8/100 x 500)
=Tzs 500 +( 0.08 x 500)
=Tzs =500 + 40
=Tzs 540
The following data is available for Nash's Trading Post, LLC at December 31, 2017: Common stock, par $10 (authorized 25000 shares) $175000 Treasury stock (at cost $15 per share) $750 Based on the data, how many shares of common stock are outstanding
Answer:
the number of common stock outstanding is 17,450 shares
Explanation:
The computation of the number of common stock outstanding is as follows
= Common stock - treasury stock
= ($175,000 ÷ $10) - ($750 ÷ $15)
= 17,500 shares - 50 shares
= 17,450 shares
Hence, the number of common stock outstanding is 17,450 shares
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Why has the provider of choice shifted from rail to motor modes? With the shift to motor freight carriers, the amount of traffic accidents have sky rocketed, please give your opinion of the reason for this.
Answer:
Why has the provider of choice shifted from rail to motor modes?
When companies change their modus operandi, it is usually to minimize cost and maximize profit. This provider of choice therefore has probably determined that motor modes were more cost effective for the services it offers vs using trains and rail modes for transport and has now made the appropriate switch.
With the shift to motor freight carriers, the amount of traffic accidents have sky rocketed.
With the provider of choice now using motor modes as opposed to rail, there is bound to be more vehicles on the road now from motor bikes all the way to trucks and with an increase in the number of vehicles available, there is bound to be an increase in accidents involving vehicles.
Skysong, Inc. had net credit sales during the year of $1090600 and cost of goods sold of $604000. The balance in accounts receivable at the beginning of the year was $114000 and at the end of the year was $152000. What was the accounts receivable turnover?
A. 10.20
B. 5.00
C. 8.20
D. 6.90
Answer:
8.2 times
Explanation:
The first step is to calculate the average receivable
= $114,000+$152,000/2
= $266,000/2
= $133,000
Therefore the accounts receivables turn over can be calculated as follows
= net sales / average receivable
= $1,090,000/$133,000
= 8.2 times
Hence the account receivable turnover is 8.2 times
Segment management is best suited for: _____________
a. small-to-medium businesses
b. large businesses
c. businesses who already identify customers individually and differentiate them by value
d. businesses who do not yet identify or differentiate their customers individually
e. a, b, and c
f. a, b, and d
Answer:
Segment management is best suited for: _____________
d. businesses who do not yet identify or differentiate their customers individually
Explanation:
Segment management is aimed at grouping customers according to their individual characteristics and value so that maximum benefits can be derived by the customers and the profitability of the company will be impacted positively in the long-term. A business that can identify customers individually and differentiate them by value is already doing segment management. It is the business that does not yet identify or differentiate their customers that should embrace segment management.
On April 1, 2018, Elucian Corporation invested in the bonds issued by the City of Westminster on January 1, 2018. These 10-year $300,000 bonds pay interest of 3% with semiannual payments every June 30 and December 31. Elucian paid par value plus accrued interest. What is the total amount paid by Ellucian for the City of Westminster bonds?
A. $297,750
B. $300,000
C. 5304,500
D $302.250
Answer:
D $302, 250
Explanation:
The computation of the total amount paid is shown below;
Total amount paid = Face value + accrued interest
= $300,000 + $300,000 × 3% × 3 months ÷ 12 months
= $302,250
hence, the total amount paid is $302,250
Therefore the correct option is d.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
A company has 500 shares of $50 par value preferred stock outstanding,and the call price of its preferred stock is $60 per share.It also has 20,000 shares of common stock outstanding,and the total value of its stockholders' equity is $680,000.The company's book value per common share equals:_________.
A. $31.71.
B. $32.50.
C. $32.75.
D. $33.17.
E. $60.00
Answer:
B $32.50
Explanation:
Book value per common share will be calculated as;
= (Stockholder's equity - Shares × Call price per share) / Shares of common stock outstanding
Given that;
Stockholder's equity = $680,000
Shares = 500
Call price per share = $60
Shares of common stock outstanding = 20,000
Therefore,
Book value per common share
= ($680,000 - 500 × $60) / 20,000
= ($680,000 - $30,000) / 20,000
= $650,000 / 20,000
= $32.5
Personal jurisdiction is not possible over the objection of an out of state defendant ________.
Answer:
NOT-unless the court believes that justice would be served.
Explanation:
Personal jurisdiction in legal setting can be regarded as the power conferred on a court to make decision on the case of the party that's been sued, for the court to exercise this power , there is a requirement that the party must have contact in minimum way together with forum in the court.
When multiple teams work together on the same product each team should:_____.
Answer: B. False
Explanation:
A product backlog is the list that records the improvements to be made to a product.
Teams operating separately should not have multiple backlogs but should have one so that when the team mean to develop the product looks at the backlog, there is one single authoritative file instead of multiple ones that could complicate things.
Which of the following is true for calculating the future value of multiple cash flows? a) You can only find the FV of multiple cash flows if the payments occur with the same regularity. b) To find the FV of multiple cash flows, add the PV of each cash flow together and use the total in the formula for FV. c) It is simpler to find the FV of irregular cash flows than of annuities. d) You must choose the same point in the future for each individual cash flow to determine the FV of multiple investments.
Answer:
d
Explanation:
why are education and training important for employment?
Answer:
Education and training are important tools for informing workers and managers about workplace hazards and controls so they can work more safely and be more productive.
Education and training are pivotal to ensuring that employees possess the knowledge necessary to effectively carry out their job duties. Because employers know of this importance, they often seek candidates who are educated, and plan training to ensure that their workers remain up-to-date
Which of the following best explains why buying a single-family home in a city
is a good investment?
A. Mortgage payments on houses are generally lower than rent on
urban apartments.
B. Low crime rates in the city make it safe to invest in a single-family
home.
C. Housing prices in cities generally increase more quickly than
anywhere else.
D. Living in the city puts people in closer proximity to high-paying
jobs.
Answer:
C. Housing prices in cities generally increase more quickly than
anywhere else.
Explanation:
An investment is an activity that leads to an increase in value or wealth. A good investment is one that appreciates its value with a big percentage in a short period. Houses are always in demand in big cities. For this reason, their prices are ever appreciating.
Buying a single-family home in a city is a good investment decision because it is bound to appreciate in value. Should one decide to sell it later, they are highly likely to receive a much higher amount than they paid for it. The probability of making some good profits from the house is high.
Answer:
housing prices in cities generally increases more quickly than anywhere else
Explanation:
A firm is considering whether to finance a new project with debt or equity. Will the choice of financing affect the WACC the firm uses to discount the project?
Answer:
Yes. The resulting WACC after the finance choice will be affect investment evaluation and hence discount of the project.
Explanation:
The Weighted Average Cost of Capital or WACC is the return that is required by the providers of long term sources of finance.
WACC is used to evaluated Capital Investment Projects against their Return. A project will be accepted if it gives a return greater than the WACC (Cost of Capital).
So the finance used on the project will greatly alter the existing WACC and the resulting WACC will later be used to evaluate the Investment or Project. This will as well affect discount of the cash flow from the project.
Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same plant and require the same assembling operations. The difference between the models is the cost of materials. The following data are available for August:
Fatboy Screamer Total
Number of units assembled 2,000 4,000 6,000
Materials cost per unit $ 2,000 $ 3,000
Other costs:
Direct labor $ 6,000,000
Indirect materials 1,800,000
Other overhead 4,200,000
Required:
Howrled-David uses operations costing and assigns conversion costs based on the number of units assembled. Compute the cost of each model assembled in August.
fatboy screamer total
operation cost
materials cost
total cost
number of units
unit cost
Answer:
Fatboy Screamer Total
Direct labor . $ 2,000,000 $ 4,000,000 $ 6,000,000
Indirect materials . $600,000 $1,200,000 $1,800,000
Other overhead . $1,400,000 $2,800,000 $4,200,000
Materials cost . $4,000,000 $12,000,000 $16,000,000
Total cost . $8,000,000 $20,000,000 $28,000,000
Number of units . 2,000 4,000 6,000
Unit cost . $4,000 $5,000 $4,667
Explanation:
Assign the Material Cost to the Products appropriately. The conversion costs musts be allocated based on the number of units assembled. Conversion costs is the sum of Direct Labor and Manufacturing Overheads (Indirect Costs).
Given the following information, calculate the debt yield ratio on the following commercial property: estimated net operating income in the first year: $2,500,000; debt service in the first year: $960,000; loan amount: $20,000,000; purchase price: $27,300,000.
Answer:
12.5%
Explanation:
Debt yield ratio = Net operating income / Loan amount
Debt yield ratio = $2,500,000 / $20,000,000
Debt yield ratio = 0.125
Debt yield ratio = 12.5%
Thus, the debt yield ratio on the commercial property is 12.5%
A firm's year-end retained earnings balance are $670,000 and $550,000 for 2018 and 2017, respectively. The firm reported net profits after taxes of $100,000 in 2018. The firm paid dividends of ________ in 2018.
A. $100,000
B. $110,000
C. $210,000
D. $220,000
Answer:
C. $210,000
Explanation:
Calculation for amount the firm paid dividends in 2018
Using this formula
Dividend= Retained Earnings beginning balance + Profit after taxes - Retained Earnings ending balance
Let plug in the formula
Dividend= $670,000 + $100,000 -$560,000
Dividend= $210,000
Therefore the firm paid dividends of $210,000 in 2018